Axway in discussions to buy Sopra Steria's SBS unit for 330 million euros

Sopra Steria SA

21/02/2024 17:43

Feb 21 (Reuters) - French software company Axway
 AXW.PA  said on Wednesday it had started discussions to
potentially buy most of Sopra Banking Software activities from
Sopra Steria  SOPR.PA .
    Axway would acquire the activities based on an enterprise
value of 330 million euros ($356.63 million), it said in a
statement. 
    

($1 = 0.9253 euros)

 (Reporting by Olivier Sorgho; Editing by Kirsten Donovan)
 ((Olivier.Sorgho@thomsonreuters.com;))